World

Indonesia plans to establish emergency fund to ensure food security

Indonesia’s Finance Ministry has announced that it is currently formulating a contingency fund dedicated to the National Food Agency (Bapanas) to ensure the distribution of food in markets and execute policy interventions.
Indonesia plans to establish emergency fund to ensure food security ảnh 1Indonesia plans to establish an emergency fund to ensure food security. (Photo: AFP/VNA)

Jakarta (VNA)– Indonesia’s Finance Ministry has announced that it is currently formulating acontingency fund dedicated to the National Food Agency (Bapanas) to ensure thedistribution of food in markets and execute policy interventions.

Isa Rachmatarwata, Director General of Budget, said on March 5 that his agency iscoordinating with Bapanas to explore the establishment of an emergency fundmodel. This initiative aims to ensure that Bapanas has a predefined budget forprompt interventions within its operational framework.

Isa emphasised theneed for oversight to ensure the targeted use of the emergency fund, preventingany undue strain on the nation's finances.

He said the they aimto carry out this process effectively and efficiently by developing mechanismsthat facilitate the provision and distribution of food while ensuring propergovernance.

The ministry alsocollaborates with the Financial and Development Supervisory Agency (BPKP) asauditors or verifiers for distribution activities.

Meanwhile, Bapanasdisclosed that meeting the quota for importing 3.6 million tonnes of rice thisyear would require a budget exceeding 30 trillion IDR (1.9 billion USD). Bapanashas been allocated a budget of 442 billion IDR for this year./.

VNA
#Indonesia #Finance Ministry #National Food Agency #operational framework #Financial and Development Supervisory Agency #Vietnam #VietnamPlus #Vietnam news Indonesia
Follow VietnamPlus

Related News

Indonesia urges to tackle education inequality

Indonesia urges to tackle education inequality

Lestari Moerdijat, Deputy Speaker of the People's Consultative Assembly (MPR) of Indonesia, has underscored the need to provide equal access to education to improve welfare and justice for all.

See more

A view of the Khao Yai National Park. (Photo: thaipbs.or.th)

Thailand considers allowing private management of some services in national parks

Minister of Natural Resources and Environment Chalermchai Sri-on said on March 14 that he has visited many national parks in the past several months and discovered that their officials not only have to protect the forests and wildlife from poachers, but also have to provide services to visiting tourists, such as room rentals and food services.

In Bali, Indonesia (Photo: Jakarta Post)

Indonesia to convert waste into fuel, power in 30 big cities

Indonesian Deputy Minister of Energy and Mineral Resources Yuliot Tanjung said each city can produce around 20 megawatts of electricity. The products obtained from waste processing will not be limited to electricity but also include fuel oil, which will be produced using pyrolysis technology.

Illustrative image (Photo: www.sangfor.com)

Malaysia invest in cyber security

Beyond technical measures, Malaysia must focus on developing expertise and raising public awareness to establish a comprehensive and resilient cybersecurity ecosystem.

Students at an elementary school in Jakarta enjoy a free meal provided by the government for the first time. (Photo: asia.nikkei.com)

Indonesia focuses on school nutrition

The programme benefits over 2 million students from various educational levels, and supports over 27,000 individuals, including Islamic boarding school students, special school students, toddlers, pregnant women, and breastfeeding mothers.

Illustrative photo (Photo: yearofthedurian.com)

Thailand uses durian peel to make animal feed

This approach enhances value, reduces agricultural waste that could cause environmental pollution, and minimises agricultural residue burning – one of the key contributors to PM 2.5 air pollution.

A corner of Vientiane capital of Laos. (Photo: VNA)

Laos to streamline organisational apparatus

The adjustment is intended to enable one ministry and organisation to manage multiple tasks and sectors. At the same time, specific authority and responsibility should be delegated between ministries, organisations and related local departments.

Party General Secretary To Lam (second, left) meets with Singaporean Prime Minister and Secretary-General of the People's Action Party (PAP) Lawrence Wong (second, right). (Photo: VNA)

Vietnam-Singapore ties spotlighted by Asian media

Singapore stands as a trusted partner in Vietnam’s goal to become a high-income economy by 2045, with both nations sharing strengths in economic collaboration, technology exchange, and sustainable development.

Party General Secretary To Lam (L) and Singaporean Prime Minister Lawrence Wong at their meeting on March 12. (Photo: VNA)

Singaporean public opinion praises Party chief’s fresh visit

Party General Secretary Lam and Singaporean Prime Minister Lawrence Wong reaffirmed the sound bilateral ties, which have been reinforced through regular high-level exchanges and close economic linkages. They also agreed on the importance of joint efforts and the ways the two countries can contribute to regional initiatives such as the ASEAN Digital Economy Framework Agreement and the ASEAN Power Grid.